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New survey sheds light on people's concerns about investing in crypto
18.5.2022
18% of respondents in a new survey said that learning more about the benefits of investing in cryptocurrency was the most effective approach to transition from skeptic to believer
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
18.5.2022
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their...
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
17.5.2022
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery
Crypto users react to Terraform Labs legal team purportedly leaving company
17.5.2022
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money
Ethereum analytics firm Nansen acquires DeFi tracker Ape Board
17.5.2022
Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition
Global financial regulators will discuss crypto at G7: Report
17.5.2022
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators
Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%
17.5.2022
Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during...
India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy
17.5.2022
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system...
BitMEX launches spot crypto exchange following $30M penalty
17.5.2022
Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now
US agencies warn against the influx of North Koreans in IT and crypto jobs online
17.5.2022
The public advisory warned private firms to do their due diligence before hiring freelance workers, as North Koreans often use illicit tactics and stolen identities to hide their nationality
China returns as 2nd top Bitcoin mining hub despite the crypto ban
17.5.2022
China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
16.5.2022
An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions
BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
16.5.2022
12 new vaults, quad-stablecoin liquidity pools and an integration with Oasis Network could be the factors behind BIFI’s current triple digit gain
California regulator will revisit long-running ban on crypto donations on May 19
16.5.2022
“This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wierenga
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
16.5.2022
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset
Do Kwon proposes Terra hard fork to save ecosystem
16.5.2022
Terraform Labs will put the proposal up for a governance vote on May 18 Asia time
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
16.5.2022
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price
Biggest Movers: XMR and SOL Higher on Monday
16.5.2022
Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was one of the biggest climbers, with solana also moving higher during the session. Monero (XMR) XMR was one of Monday’s biggest gainers, as prices rose by almost $20 from lows...
Life-changing money: The 10 most expensive NFTs sold to date
16.5.2022
When nonfungible tokens are raking in incredible prices, have a look at the 10 most expensive NFTs sold to date
CBDC activity heats up, but few projects move beyond pilot stage
16.5.2022
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow